aliyawatkins9p6n2x3
aliyawatkins9p6n2x3 aliyawatkins9p6n2x3
  • 04-04-2018
  • Mathematics
contestada

Lucas invests $12,500 in an account that earns 6.2% compound interest if Lucas does not make any additional deposits or withdrawals how much will be in his account after 16 months?

Respuesta :

jfirely77
jfirely77 jfirely77
  • 04-04-2018
Assuming it is compounded monthly, Lucas will have $28,128,737.86 in his account after 16 months. 
Answer Link

Otras preguntas

Given the function f(x) = The quantity of 3x minus 4, divided by 5, which of the below expressions is correct?
Zack imitates his trainer's stance when he performs a weightlifting exercise. in this instance, zack is demonstrating:
The position of a 55 g oscillating mass is given by x(t)=(2.0cm)cos(10t), where t is in seconds. determine the velocity at t=0.40s. express your answer in meter
What countries were part of the Holy Roman Empire?
Passage of legislation in Congress requires mutual accommodations. This suggests that Congressional behavior is
What is the rate of the reaction when the initial concentration of no is 0.400 m and that of br2 is 0.245 m ?
Langston Hughes and other African American writers are associated most closely with
what would happen to life if earth were in a different location within the solar system
Which is greater a 2.75 gallon container of juice or a 12 L container of juice?
what are 2 examples of how sucralose is negatively affecting sea life in the sea and how